Net Asset Value per Share means the Net Asset Value of a Fund divided by the
Net Asset Value per Share means the net asset value of each Series or Class, determined as provided in Article V, Section 3;
Examples of Net Asset Value per Share in a sentence
Without limiting the generality of the foregoing, the Trustees may, in their sole discretion, (a) fix the Net Asset Value per Share of the initial capital contribution, (b) impose sales or other charges upon investments in the Trust or (c) issue fractional Shares.
Unless the Trustees otherwise determine, investments shall be credited to each Shareholder’s account in the form of full Shares at the Net Asset Value per Share next determined after the investment is received.
More Definitions of Net Asset Value per Share
Net Asset Value per Share means, in respect of any shares, the Net Asset Value attributable to theshares issued in respect of the Fund or Class, divided by the number of shares in issue in respect of that Fund or Class;
Net Asset Value per Share means the Net Asset Value of a Fund divided by thenumber of Shares in issue in that Fund or the Net Asset Value attributable to a Class divided by the number of Shares issued in that Class rounded to two decimal places.
Net Asset Value per Share or “NAV per Share” means in respect of any Share the Net Asset Value attributable to the Shares issued in respect of a fund or a Share Class divided by the number of Shares in issue in respect of that fund or Share Class;
Net Asset Value per Share means the Net Asset Value divided by the number of Shares (in issue) of the relevant Fund (and where there is more than one Class of Shares in a Fund, the Net Asset Value attributable to each such Class, (subject to such adjustments, if any, as may be required) divided by the number of Shares (in issue) of the relevant Class).
Net Asset Value per Share means the Net Asset Value of a Fund divided by the number of Shares of a Fund outstanding on the date of calculation.
Net Asset Value per Share means the Net Asset Value of a Fund divided by the number of Shares in issue of that Fund or the Net Asset Value attributable to a Class divided by the number of Shares issued in that Class, which may be adjusted in the manner, set out in the section of this Prospectus headed "Calculation of Net Asset Value" and rounded to such number of decimal places as the Directors may determine;